Insly

Insly is a modern insurance technology company that provides a comprehensive software platform tailored for MGAs, insurers, and brokers. Established in 2013 by Risto Rossar—who previously founded the world’s first digital insurance broker—Insly was born out of a vision to simplify and modernize insurance operations through technology. The company is headquartered in Europe and has grown to serve thousands of brokers and insurance professionals globally. At its core, Insly offers a low-code, modular platform that supports the entire insurance lifecycle. This includes underwriting, product building, rating engines, broker portals, premium accounting, and reporting. The flexibility of the platform allows users to customize workflows, integrate third-party data sources, and automate routine tasks, making it a powerful tool for both startups and established insurance firms. One of Insly’s standout features is its low-code product builder, which enables insurers to launch new products quickly without extensive development resources. Users can create forms, workflows, document templates, and endorsements with ease. The platform also includes a robust rating engine that supports both manual and automated pricing models, allowing for instant deployment of rate changes and seamless API integration with partners. Insly’s broker portal is another key component, offering a user-friendly interface with customizable permissions. This ensures brokers have the right level of access to manage submissions, bind policies, handle mid-term adjustments (MTAs), and process renewals. For B2C models, Insly supports payment gateway integrations and client portal connectivity, enhancing the customer experience.

Insly’s competitive edge lies in its unique blend of insurance expertise, technological flexibility, and operational scalability. Unlike many legacy systems that are rigid and slow to adapt, Insly offers a low-code, modular platform that empowers insurers and MGAs to build, customize, and deploy products rapidly. This agility is crucial in today’s fast-paced insurance landscape, where speed to market can determine success. One of Insly’s most significant advantages is its deep understanding of the insurance domain. Founded by a pioneer in digital insurance, the company has embedded industry best practices into its software architecture. This ensures that users are not just getting a tech solution, but one that is purpose-built for the nuances of underwriting, compliance, and broker management. The platform’s low-code environment allows non-technical users to configure workflows, rating engines, and document templates without relying heavily on IT teams. This reduces development costs and accelerates product launches. Additionally, Insly’s open API framework facilitates seamless integration with third-party systems, enabling insurers to connect with data providers, payment gateways, and client portals effortlessly. Automation is another area where Insly excels. The system can handle “inside the box” cases automatically, flagging only complex referrals for manual review. This streamlines underwriting and reduces turnaround times. Automated renewal quotes and broker statements further enhance operational efficiency, freeing up resources for strategic tasks.

• Small Businesses (1-99)
• Mid Market (100-500)
• Enterprise (500+)